STATEMENT OF STOCKHOLDERS EQUITY Definition

STATEMENT OF STOCKHOLDERS EQUITY is a summary of the changes in stockholders equity of a corporation that have occurred during a specific period of time.

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CONVERSION DATE, dependent upon usage, there are likely many definitions varying within the industries in which the term is being used. Basically, it is a date on which an asset is converted into a similarly valued but different asset.

SPENDING LEVEL is the true expenditure or cash outlay of any entity in a given category or budgetary area.